GCMAsia - GBPUSD

GBPUSD
2018-10-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.3015 | H1 |
| Support | 1.2980 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retrace from the downward trendline. MACD which illustrate diminishing upward momentum suggests the pair to extend its losses after closing below 1.2980.
Resistance level: 1.3015, 1.3050
Support level: 1.2980, 1.2955